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In a UK online safety consultation, the US urges the UK against an under-16 social media ban, saying it would place a "disproportionate" burden on US Big Tech (Dan Milmo/The Guardian)
France-based Alta Ares, which is building AI-powered air defense systems to counter drones and missiles, raised a €50M Series A led by Air Street Capital (Daphné Leprince-Ringuet/Sifted)
Beacon Software, which acquires niche software businesses and transforms them with AI, raised a $225M Series C, bringing its total funding to $550M (Sarah Klearman/Wall Street Journal)
The UK is conducting a full review of its NHS contract with Palantir, amid growing pressure to terminate the deal in 2027 over reliance on US tech companies (Sam Tabahriti/Reuters)
Sources: Microsoft laid off 200 to 400 Azure unit employees in Beijing and Shanghai, at least its third round of downsizing in China in two years (South China Morning Post)
Sources: Taiwan considers restricting AI chip sales to all Chinese customers, rather than only blacklisted entities like Huawei, to align with US measures (Bloomberg)
The EU says Apple decided not to roll out Siri AI in the EU after it had unsuccessfully requested to be exempted from interoperability obligations for the tool (Inti Landauro/Reuters)
New York-based Standard Bots, which wants to make AI-powered robotic arms in the US, raised $200M led by General Catalyst and Robostrategy at a $1B valuation (Bloomberg)
Google lowers the price of its Google AI Plus plan to $4.99 per month, down from $7.99, and doubles the included storage to 400GB (Abner Li/9to5Google)
OpenAI confidentially files for an IPO, says it has "not decided on timing yet", as "there are things we want to do that are likely easier as a private company" (Ashley Capoot/CNBC)
Source: Cursor, which is prepping for an expected acquisition by SpaceX, passed $4B in annualized revenue in the last week, up from $3B in April and $2B in Feb. (Richard Nieva/Forbes)
Meta puts $115M toward a "workforce academy", a free 5-week program to train Americans to build data centers, offering job guarantees at Meta construction sites (Wall Street Journal)
The Trump administration relaunches efforts to block state AI laws; Sen. Blackburn is leading negotiations and pushing KOSA as part of an AI preemption package (Axios)
Apple unveils an Apple Intelligence feature to automatically change compromised passwords, using agentic AI, and save them to the Passwords app (James Pero/Gizmodo)
Infinity Constellation, which builds AI tools and software businesses for the professional services market, raised a $24M Series A; it previously raised $17M (Lucinda Shen/Axios)
Google and Nvidia are helping Apple with Apple Foundation Model Cloud Pro, which Apple says is comparable to Gemini frontier models and runs on Nvidia GPUs (Kif Leswing/CNBC)
Microsoft disabled 70+ of its repos on GitHub, including Azure-related tools like azure-functions-host, after hackers added credential-stealing malware to them (Zack Whittaker/TechCrunch)
Sam Altman and Jakub Pachocki claim OpenAI is "entering the third phase", aiming to automate AI research, boost the economy, and give everyone a personal AGI (OpenAI)
Xiaomi claims MiMo-V2.5-Pro-UltraSpeed tops 1K tokens/second, a first at the 1T-parameter scale, using a standard 8-GPU commodity node; API trial starts June 9 (Jose Antonio Lanz/Decrypt)
The first developer beta of iOS 27 offers the clearest signs yet of Apple's upcoming foldable iPhone, with references to folding hardware and flexible displays (Mark Gurman/Bloomberg)

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